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HomeMy WebLinkAbout851228.tiff RESOLUTION RE: CONSERVATION TRUST FUNDS TO CITY OF GREELEY WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, Weld County, as an eligible entity for distribution of Conservation Trust Fund Lottery monies received $151 ,000 from the State of Colorado in 1985 , and WHEREAS, Weld County allocated $51 ,500 for the development of a civic auditorium in the City of Greeley in the 1986 budget, and WHEREAS, §29-21-101 , CRS, provides that in the utilization of monies received pursuant to §29-21-101 , CRS , each eligible entity may cooperate or contract with any other government or political subdivision, and WHEREAS, the funds from the Conservation Trust Fund must be expended only for the acquisition, development, and maintenance of new conservation sites or for capital improvements or maintenance for recreational purposes on any public site, and WHEREAS, Weld County must report the use of all lottery funds and certify that the funds were properly used in accordance with State statute, and WHEREAS, the Board of County Commissioners desires to give the City of Greeley the allocated amount of the lottery funds ($51 ,500) , providing they comply with all the conditions of the State law, enter into a letter of assurance indicating that they have complied and indicating the use of the funds for reporting purposes, and deposit the funds in an interest bearing Conservation Trust Fund for the purpose of constructing a civic auditorium. NOW, THEREFORE, BE IT RESOLVED that the Board of County Commissioners of Weld County, Colorado, hereby authorize the payment, in 1986 , to the City of Greeley 1985 lottery funds from the Conservation Trust Fund in the amount of $51 ,500 for the purpose of constructing a civic auditorium, providing the attached letter of assurance is received from the City of Greeley prior to the disbursement of funds. A / `? V3/ c d /"n 851228 Page 2 RE: CONSERVATION TRUST FUNDS The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 18th day of November, A.D. ,nn1985 . ATTEST: Ian E4i COUNTY,WELD D OF Y UNTY SSIONERS Weld County Clerk and Recorder \ � Vw.a . ,Rr— and Clerk to the Board J ine Jo n on, Chairman cL!2 BY: ytigu� C ' ene R. Bra ner, Pro-Tem D puty County Cle APPROVED AS TO FORM: C. . Kir r f Gor County Atto ney l,/ Frank Yamagu i Dear Board of County Commissioners: The City of Greeley assures Weld County that the Conservation Trust Fund monies in the amount of $51 ,500 will be spent in accordance with §29-21-101 , CRS, and all other applicable State laws, for the purpose of constructing a civic auditorium. The City of Greeley will report the use of the funds to Weld County in order for Weld County to certify to the State Department of Local Government how the funds were utilized. The funds and all interest earned on them until time of expenditure shall be used for the construction of a civic auditorium. The City of Greeley further agrees that if the State of Colorado determines that any of the funds granted to the City of Greeley ($51 ,500) were not properly used by the City of Greeley, that the City of Greeley will repay Weld County any Conservation Trust Fund monies determined unallowable by the State up to the amount of $51 ,500 . The City of Greeley further agrees that construction of the civic auditorium must commence by the end of calendar year 1986 or the funds and interest will be repaid to Weld County. aekC Mayor, City of eeley ATTEST: CITY CLERK,E CITY OF GREELEY /17// Hello